Almonty Industries Inc. (OTCMKTS:ALMTF) Sees Large Decrease in Short Interest

Almonty Industries Inc. (OTCMKTS:ALMTF) was the target of a large drop in short interest in the month of October. As of October 15th, there was short interest totalling 8,100 shares, a drop of 6.9% from the September 30th total of 8,700 shares. Based on an average daily volume of 47,900 shares, the days-to-cover ratio is presently 0.2 days.

Almonty Industries Stock Down 1.9 %

OTCMKTS:ALMTF opened at $0.58 on Friday. The business’s 50-day moving average price is $0.61 and its two-hundred day moving average price is $0.52. Almonty Industries has a twelve month low of $0.36 and a twelve month high of $0.70.

Almonty Industries Company Profile

Almonty Industries Inc engages in mining, processing, and shipping of tungsten concentrate. It owns interests in the Los Santos mine located near Salamanca, Spain; the Panasqueira tin and tungsten mine situated in Covilha and Castelo Branco, Portugal; the Sangdong tungsten mine located in Gangwon Province, Republic of Korea; and the Valtreixal tin and tungsten project located in Zamora province, Western Spain.